Autos: more issuance, less issuance? Better credit, worse credit?

The auto loan-backed sector continues to garner interest from the ABS market, as there seems to be no end in sight for issuance.

Last week American Honda Financial Corp. tapped the market with a $1.5 billion deal, which was said to have priced on the tight end of talk, and there's already word of a $300 million deal from World Omni Financial Corp, which is expected to price early this week.

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